A rule 80% retracement will be
Target is at Bat pattern
H4 timeframe has a reversal (Broken rule retracement of uptrend)
Target is at Bat pattern
H4 timeframe has a reversal (Broken rule retracement of uptrend)
Note
Nice chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.